OG.com, a recent spin-off from Crypto.com, is pursuing approval from the US Commodity Futures Trading Commission (CFTC) to offer perpetual futures contracts on individual US stocks. This move positions OG.com alongside companies such as Coinbase, Kalshi, and Payward, the parent company of Kraken, which are also seeking similar approvals.
According to CoinTelegraph, these firms aim to introduce perpetual futures products that allow traders to speculate on single stocks with no fixed expiry, a product type currently limited in the US market. The growing interest from crypto and traditional trading platforms highlights increasing demand for innovative derivatives linked to equities.
For Japanese investors, who are accustomed to a robust derivatives market and closely monitor US regulatory developments, the expansion of perpetual futures offerings in the US could signal new opportunities and competitive pressure on local platforms to innovate.